Gitlab (GTLB) FCF Margin (2021 - 2026)
Gitlab (GTLB) reported FCF Margin of -1.15% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 20.85 percentage points from 19.69% a year earlier and down 56.73 percentage points from the prior quarter.
Gitlab (GTLB) FCF Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Gitlab's FCF Margin came in at 20.25%, up 16.07 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 23.24%, up 32.17 percentage points from FY2025.
- FCF Margin has a five-year change of +71.60 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at -8.92% in FY2025 (-14.69 pp), 5.77% in FY2024 (+25.44 pp), -19.67% in FY2023 (+1.45 pp) and -21.12% in FY2022 (+27.23 pp).
- The fiscal Q2 2027 figure ranks as the lowest quarterly FCF Margin since fiscal Q3 2025.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +5.44 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q3 2026 (a gain of 102.46 percentage points); the low point was fiscal Q3 2025 (a drop of 86.36 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 55.57% (Q1 2027), 16.05% (Q4 2026) and 11.62% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 27.28% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | -0.11% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 28.94% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 47.16% |
| 10 | Gitlab | 7.68 Bn | 2.65 Bn | 240.62 Mn | -1.15% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -1.15% |
| Apr 30, 2026 | 55.57% |
| Jan 31, 2026 | 16.05% |
| Oct 31, 2025 | 11.62% |
| Jul 31, 2025 | 19.69% |
| Apr 30, 2025 | 49.13% |
| Jan 31, 2025 | 29.35% |
| Oct 31, 2024 | -90.84% |
| Jul 31, 2024 | 5.94% |
| Apr 30, 2024 | 22.13% |
| Jan 31, 2024 | 14.97% |
| Oct 31, 2023 | -4.47% |
| Jul 31, 2023 | 19.22% |
| Apr 30, 2023 | -8.84% |
| Jan 31, 2023 | -10.39% |
| Oct 31, 2022 | -2.64% |
| Jul 31, 2022 | -37.31% |
| Apr 30, 2022 | -34.36% |
| Jan 31, 2022 | -5.96% |
| Oct 31, 2021 | -15.09% |
Gitlab FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "GTLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();